PARK COTTAGE, GRANGE ROAD, BIDEFORD, EX39 4AS - £265,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

PARK COTTAGE is a small extended detached house of 96m², built sometime before 1900. It was last sold for £265,000 in January 2017, which was around 12% below the average January 2017 detached price in the Torridge local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was B.

PARK COTTAGE Sold Prices

Land registry data shows two sales for PARK COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torridge local authority area for the corresponding sale date. Both of the two PARK COTTAGE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 4 JAN	£265,000	£300,227	12% below HPI
2007 29 JUN	£249,950	£265,982	6% below HPI

PARK COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torridge local authority area over time, sourced from the HPI. The two PARK COTTAGE sales from June 2007 and January 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2017 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is PARK COTTAGE?

PARK COTTAGE is 96m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% of detached houses in Bideford, based on EPC data. The below chart shows the distribution of detached houses by size in Bideford, and where PARK COTTAGE lies on this distribution: 36% of detached houses are smaller than PARK COTTAGE, and 63% of houses are larger. Note that EPC data is not available for all properties in Bideford.

PARK COTTAGE: Plot and Title Map

PARK COTTAGE sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of PARK COTTAGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of PARK COTTAGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is PARK COTTAGE?

PARK COTTAGE is located on GRANGE ROAD in BIDEFORD, in the EX39 postcode district. The below map shows the position of PARK COTTAGE on GRANGE ROAD.